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Oberon Bars MT5

3
Martingale.  "Oberon Bars MT5" consists of 15 separate blocks (mini EA) that sum up the profit and distribute the drawdown over time. 

Peculiarities:
  • Individual input data for each character.
  • Symbols can be repeated (even 15 identical ones will trade separately from each other).
  • Several "Oberon_Bars_MT5" with different settings can be installed on one trading account (observing the condition: Magic[i+1]>Magic[i]+15).
  • Installed on any one chart.
  • If the power of your software is low, then testing in the "Every_tick_based_on_real_tick" mode (with all 15 symbols enabled) will be difficult, or it may end while loading the history of currency pair quotes due to lack of memory. In this case, you can reduce the number of characters in the input data ("Trade" parameter) or shorten the testing period. But the most correct option is to rent a more powerful virtual server (VPS).
  • Hedging account type.
  • For brokers with 4-digit quotes, the data of the "Take_Profit" , "Trend_Size" and "Correction_Size" parameters must be entered as for 5-digit quotes (that is, multiply by 10).
  • Leverage >= 1:100.
The adviser must be optimized for the trading conditions of the account used:
  • Optimization example here.

Oberon_Bars_1.set

Information for beginners (answer to a frequently asked question):

The "file.set" contains the values of the input parameters. To install them in the adviser's menu, select "load" and select the desired "file.set". You can see the visual description "here".

          Input parameters of the "Oberon Bars MT5" EA:
          1. PERIOD_: sets the timeframe on which the EA will trade (it doesn't matter what timeframe of the chart on which the EA is installed).
          2. Auto_Lot_: automatic increase in the lot of the first order in the session depending on the balance.
          3. Balance_For_Add : 0.01 lot increase every Balance_For_Add.
          4. MinLot_: Valid if Auto_Lot = false.
          5. Limit Max_Lot: limits the lot of the first order in the session to MaxLot/100 (MaxLot is the maximum lot for a symbol on the trading account).
          6. Magic_ : each block uses its own Magic[i] = Magic+NumberSymbol. Thus, the usable range can be up to Magic+15.
          7. Trade_ : enables (disables) block (symbol) operation. The number of blocks is 15. They work independently of each other according to their individual input data.
          8. Symbol_ : currency pair symbols can be repeated.
          9. Total_Bars : total number of bars to calculate.
          10. Correction_Bars: number of bars to calculate the correction.
          11. Trend_Size : Minimum trend size to open (in pips).
          12. Correction_Size: maximum correction size as a percentage of the current trend on the chart.
          13. TakeProfit_ : number of points to close a position with a profit.
          14. Exponent_Symbol : block (symbol) trading volume multiplier.
          If the symbol names of your broker's currency pairs contain suffixes or prefixes (for example #.EURUSD.ch ) , then it is necessary to register them completely in the input data.

              The results on different deposit currencies will differ in the dynamics of profit growth. Change of currency can be corrected by parameter "BalanceForAdd" - accelerating or decreasing the growth rate of the deposit.



              Reviews 4
              Michael 888
              303
              Michael 888 2022.12.02 20:51 
               

              This is my third EA from this author,very good advisers.Thank you

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              Cornel Alexandru Grigoras
              153
              Cornel Alexandru Grigoras 2025.01.04 22:04 
               

              User didn't leave any comment to the rating

              Michael 888
              303
              Michael 888 2022.12.02 20:51 
               

              This is my third EA from this author,very good advisers.Thank you

              PADE
              423
              PADE 2022.09.12 02:58 
               

              Account blower disaster !

              Aliaksandr Chupryna
              9253
              Reply from developer Aliaksandr Chupryna 2022.09.18 00:02
              Most likely, you have entered the settings for very aggressive trading, and perhaps even incorrect ones. I think so because there is a public signal in my profile that is not sagging at the moment! And the market is now relatively calm.
              vik95rad
              35
              vik95rad 2022.07.22 17:20 
               

              User didn't leave any comment to the rating

              Aliaksandr Chupryna
              9253
              Reply from developer Aliaksandr Chupryna 2022.07.23 22:50
              Thanks for the feedback
              Reply to review
              Version 1.3 2022.10.31
              Fixed incorrect calculation of "Exponent_Symbol" parameter. It is advisable to check in the tester.
              Version 1.2 2022.10.28
              Minor changes have been made to the lot calculation algorithm. When updating the EA version, it is recommended to check your strategy in the tester to correct the "BalanceForAdd" parameter (perhaps it needs to be slightly increased).